2014 News Releases

September 16, 2014

POWDER MOUNTAIN ENERGY LTD. ANNOUNCES CAPITAL BUDGET APPROVAL

Calgary, Alberta, September 16, 2014 - Powder Mountain Energy Ltd. ("Powder Mountain" or the "Corporation") (TSX-V: PDM) is pleased to announce that the board of directors of the Corporation (the "Board") has approved a capital budget of $9.1 million until the end of 2014. The Board has also approved the drilling of two Bakken horizontal wells (the "Bakken Wells") on Powder .........

August 26, 2014

POWDER MOUNTAIN ENERGY LTD. ANNOUNCES THE FILING OF THIRD QUARTER FINANCIAL STATEMENTS AND MANAGEMENTS DISCUSSION & ANALYSIS

Calgary, Alberta, August 26, 2014 – Powder Mountain Energy Ltd. ("Powder Mountain" or the "Corporation") (TSX-V: PDM) is pleased to announce that it has filed its Unaudited Condensed Consolidated Interim Financial Statements and the related management's discussion and analysis for the three and nine months ended June 30, 2014.....

August 1, 2014

POWDER MOUNTAIN ENERGY LTD. ANNOUNCES GRANT OF STOCK OPTIONS

Calgary, Alberta, August 1, 2014 – Powder Mountain Energy Ltd. ("Powder Mountain") (TSX-V: PDM) is pleased to announce that the board of directors has approved the grant of 4,195,000 stock options, of which 4,165,000 were granted to directors and officers, with the balance granted to employees and consultants of the Company.....

July 30, 2014

POWDER MOUNTAIN ENERGY LTD. ANNOUNCES CLOSING OF SALE OF NON-CORE WYOMING ASSETS

Calgary, Alberta, July 30, 2014 – Powder Mountain Energy Ltd. ("Powder Mountain") (TSX-V: PDM) is pleased to announce that it has closed the previously announced agreement to sell certain of its non-core properties in Wyoming to an arm's length third party for consideration of approximately CDN $1,985,000 effective March 31, 2014.....

July 24, 2014

POWDER MOUNTAIN ENERGY LTD. COMPLETION OF PRIVATE PLACEMENT

Calgary, Alberta, July 24, 2014–Powder Mountain Energy Ltd. ("Powder Mountain" or the "Corporation") (TSX-V: PDM)is pleased to announce that it has completed the nonbrokered privateplacement (the "Offering") of 283,334common shares of the Corporation.....

July 24, 2014

POWDER MOUNTAIN ENERGY LTD. ANNOUNCES DISPOSITION OF NON-CORE WYOMING ASSETS

Calgary, Alberta, July24, 2014–Powder Mountain Energy Ltd. ("Powder Mountain") (TSXV:PDM)is pleased to announce that it has entered into an agreement to sellcertain of its property, wells and production in Wyoming (the ``Agreement``) to an arm's length third party for consideration.....

July 17, 2014

POWDER MOUNTAIN ENERGY LTD. ANNOUNCES ACQUISITION OF PROPERTY INTERESTS

Calgary, Alberta, July 17th, 2014 - Powder Mountain Energy Ltd. ("Powder Mountain") (TSX-V: PDM) announces that it has acquired 8,160 gross (5,338 net) acres of petroleum and natural gas leases in the Hardy area of SE Saskatchewan ("Hardy") from existing partners.....

July 16, 2014

POWDER MOUNTAIN ENERGY LTD. REPORTS SALE OF SHARES BY INSIDER TO FUND SUBSCRIPTION IN PRIVATE PLACEMENT

Calgary, Alberta, July 16, 2014 – Powder Mountain Energy Ltd. ("Powder Mountain" or the "Corporation") (TSX-V: PDM) reports that, further to its news release issued June 27, 2014, an insider of Powder Mountain has arranged a sale of 283,334 common shares ("Common Shares") of the Corporation at a price.....

June 27, 2014

POWDER MOUNTAIN ENERGY LTD. ANNOUNCES PROPOSED PRIVATE PLACEMENT OF COMMON SHARES

Calgary, Alberta, June 27, 2014 – Powder Mountain Energy Ltd. ("Powder Mountain" or the "Corporation") (TSX-V: PDM) is pleased to announce that it has finalized the terms and conditions of a non-brokered equity private placement (the "Offering"). The Offering will be made to certain insiders of Powder Mountain.....

June 16, 2014

PASSPORT ENERGY LTD. AND AMAROK ENERGY INC. COMBINE TO FORM POWDER MOUNTAIN ENERGY LTD.

CALGARY, June 16, 2014 – Powder Mountain Energy Ltd. ("Powder Mountain") is pleased to announce that the previously announced combination of Passport Energy Ltd. ("Passport") (PPO: TSX-V) and Amarok Energy Inc. ("Amarok") (AMR: TSX-V) by way of a three cornered amalgamation proceeding under a plan of arrangement (the "Arrangement") under section 193.....